28th of November 2024
Egypt’s first and Africa’s largest Sustainability Bond issuance a reality!
Keywords: Banking & Finance, Financial Institutions
Sharkawy & Sarhan is honored to have assisted The European Bank for Reconstruction and Development (EBRD), IFC – International Finance Corporation and British International Investment (BII) ,The Investors, with the issuance of the First Sustainable Development Bond Program amounting to U$500 million by Arab African International Bank (AAIB). Our input included the negotiation of the relevant Subscription Agreements with the Investors.
A big shout out to our clients EBRD, IFC and BII who have made Egypt’s first and Africa’s largest Sustainability Bond issuance a reality.
His Excellency Hassan Abdalla Governor of Central Bank of Egypt and H.E. Rania A. Al-Mashat Minister of Economic Development and International Cooperation and Mohamed Farid Saleh Chairman of Financial Regulatory Authority graced the signing ceremony.
These subscriptions will undoubtedly play a crucial role in the financing and refinancing of green and sustainable social development projects, especially for medium, small, and micro enterprises (MSMEs). By supporting these projects, the bonds will help extend financial inclusion and boost the economy’s resilience going forward.
Kudos to our Baking & Finance team led by Partner Ahmed Haggag, closely supported by Associate Raghda ElQabbage!
We are pleased to have teamed up with our friends at Pinsent Masons LLP led by Apicksha Patel and Jazquelyn Govender who acted as English Legal adviser to the Investors, and Zulficar & Partners Law Firm who acted as the Egyptian legal adviser for AAIB led by Mona Zulficar and Alyaa Rabea.
We are delighted to have worked with Elizabeth Wanjiru Kimura, Fatma Sidky, Heba El Kayael at IFC and Anne-Christin Miller, Reemt Behrens, Hashem Abd El Hakim, Illia Salei at EBRD and Sherine Shohdy, Matthew North, Lilian Bergman, Hannah Sibanda, Adeola Adesola at BII.
Sharkawy & Sarhan is honored to have assisted The European Bank for Reconstruction and Development (EBRD), IFC – International Finance Corporation and British International Investment (BII) ,The Investors, with the issuance of the First Sustainable Development Bond Program amounting to U$500 million by Arab African International Bank (AAIB). Our input included the negotiation of the relevant Subscription Agreements with the Investors.
A big shout out to our clients EBRD, IFC and BII who have made Egypt’s first and Africa’s largest Sustainability Bond issuance a reality.
His Excellency Hassan Abdalla Governor of Central Bank of Egypt and H.E. Rania A. Al-Mashat Minister of Economic Development and International Cooperation and Mohamed Farid Saleh Chairman of Financial Regulatory Authority graced the signing ceremony.
These subscriptions will undoubtedly play a crucial role in the financing and refinancing of green and sustainable social development projects, especially for medium, small, and micro enterprises (MSMEs). By supporting these projects, the bonds will help extend financial inclusion and boost the economy’s resilience going forward.
Kudos to our Baking & Finance team led by Partner Ahmed Haggag, closely supported by Associate Raghda ElQabbage!
We are pleased to have teamed up with our friends at Pinsent Masons LLP led by Apicksha Patel and Jazquelyn Govender who acted as English Legal adviser to the Investors, and Zulficar & Partners Law Firm who acted as the Egyptian legal adviser for AAIB led by Mona Zulficar and Alyaa Rabea.
We are delighted to have worked with Elizabeth Wanjiru Kimura, Fatma Sidky, Heba El Kayael at IFC and Anne-Christin Miller, Reemt Behrens, Hashem Abd El Hakim, Illia Salei at EBRD and Sherine Shohdy, Matthew North, Lilian Bergman, Hannah Sibanda, Adeola Adesola at BII.
Egypt’s first and Africa’s largest Sustainability Bond issuance a reality!
28th of November 2024
Keywords: Banking & Finance, Financial Institutions
Sharkawy & Sarhan is honored to have assisted The European Bank for Reconstruction and Development (EBRD), IFC – International Finance Corporation and British International Investment (BII) ,The Investors, with the issuance of the First Sustainable Development Bond Program amounting to U$500 million by Arab African International Bank (AAIB). Our input included the negotiation of the relevant Subscription Agreements with the Investors.
A big shout out to our clients EBRD, IFC and BII who have made Egypt’s first and Africa’s largest Sustainability Bond issuance a reality.
His Excellency Hassan Abdalla Governor of Central Bank of Egypt and H.E. Rania A. Al-Mashat Minister of Economic Development and International Cooperation and Mohamed Farid Saleh Chairman of Financial Regulatory Authority graced the signing ceremony.
These subscriptions will undoubtedly play a crucial role in the financing and refinancing of green and sustainable social development projects, especially for medium, small, and micro enterprises (MSMEs). By supporting these projects, the bonds will help extend financial inclusion and boost the economy’s resilience going forward.
Kudos to our Baking & Finance team led by Partner Ahmed Haggag, closely supported by Associate Raghda ElQabbage!
We are pleased to have teamed up with our friends at Pinsent Masons LLP led by Apicksha Patel and Jazquelyn Govender who acted as English Legal adviser to the Investors, and Zulficar & Partners Law Firm who acted as the Egyptian legal adviser for AAIB led by Mona Zulficar and Alyaa Rabea.
We are delighted to have worked with Elizabeth Wanjiru Kimura, Fatma Sidky, Heba El Kayael at IFC and Anne-Christin Miller, Reemt Behrens, Hashem Abd El Hakim, Illia Salei at EBRD and Sherine Shohdy, Matthew North, Lilian Bergman, Hannah Sibanda, Adeola Adesola at BII.
Sharkawy & Sarhan is honored to have assisted The European Bank for Reconstruction and Development (EBRD), IFC – International Finance Corporation and British International Investment (BII) ,The Investors, with the issuance of the First Sustainable Development Bond Program amounting to U$500 million by Arab African International Bank (AAIB). Our input included the negotiation of the relevant Subscription Agreements with the Investors.
A big shout out to our clients EBRD, IFC and BII who have made Egypt’s first and Africa’s largest Sustainability Bond issuance a reality.
His Excellency Hassan Abdalla Governor of Central Bank of Egypt and H.E. Rania A. Al-Mashat Minister of Economic Development and International Cooperation and Mohamed Farid Saleh Chairman of Financial Regulatory Authority graced the signing ceremony.
These subscriptions will undoubtedly play a crucial role in the financing and refinancing of green and sustainable social development projects, especially for medium, small, and micro enterprises (MSMEs). By supporting these projects, the bonds will help extend financial inclusion and boost the economy’s resilience going forward.
Kudos to our Baking & Finance team led by Partner Ahmed Haggag, closely supported by Associate Raghda ElQabbage!
We are pleased to have teamed up with our friends at Pinsent Masons LLP led by Apicksha Patel and Jazquelyn Govender who acted as English Legal adviser to the Investors, and Zulficar & Partners Law Firm who acted as the Egyptian legal adviser for AAIB led by Mona Zulficar and Alyaa Rabea.
We are delighted to have worked with Elizabeth Wanjiru Kimura, Fatma Sidky, Heba El Kayael at IFC and Anne-Christin Miller, Reemt Behrens, Hashem Abd El Hakim, Illia Salei at EBRD and Sherine Shohdy, Matthew North, Lilian Bergman, Hannah Sibanda, Adeola Adesola at BII.
